Algeria - Services, etc., value added (% of GDP)

Services, etc., value added (% of GDP) in Algeria was 48.90 as of 2016. Its highest value over the past 51 years was 49.76 in 1966, while its lowest value was 29.50 in 2006.

Definition: Services correspond to ISIC divisions 50-99 and they include value added in wholesale and retail trade (including hotels and restaurants), transport, and government, financial, professional, and personal services such as education, health care, and real estate services. Also included are imputed bank service charges, import duties, and any statistical discrepancies noted by national compilers as well as discrepancies arising from rescaling. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The industrial origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3. Note: For VAB countries, gross value added at factor cost is used as the denominator.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1965 49.40
1966 49.76
1967 47.28
1968 46.88
1969 48.44
1970 45.26
1971 49.12
1972 43.45
1973 39.97
1974 34.94
1975 39.37
1976 35.97
1977 36.30
1978 37.51
1979 36.46
1980 33.84
1981 33.71
1982 35.49
1983 36.44
1984 36.67
1985 37.44
1986 41.71
1987 40.70
1988 42.54
1989 41.43
1990 40.47
1991 36.67
1992 38.16
1993 39.26
1994 40.98
1995 39.10
1996 37.00
1997 38.21
1998 41.32
1999 39.29
2000 32.87
2001 35.52
2002 36.27
2003 34.32
2004 33.43
2005 30.43
2006 29.50
2007 30.82
2008 30.69
2009 38.33
2010 37.12
2011 38.67
2012 39.35
2013 41.54
2014 43.32
2015 48.59
2016 48.90

Limitations and Exceptions: In the services industry the many self-employed workers and one-person businesses are sometimes difficult to locate, and they have little incentive to respond to surveys, let alone to report their full earnings. Compounding these problems are the many forms of economic activity that go unrecorded, including the work that women and children do for little or no pay.

Statistical Concept and Methodology: Gross domestic product (GDP) represents the sum of value added by all its producers. Value added is the value of the gross output of producers less the value of intermediate goods and services consumed in production, before accounting for consumption of fixed capital in production. The United Nations System of National Accounts calls for value added to be valued at either basic prices (excluding net taxes on products) or producer prices (including net taxes on products paid by producers but excluding sales or value added taxes). Both valuations exclude transport charges that are invoiced separately by producers. Total GDP is measured at purchaser prices. Value added by industry is normally measured at basic prices.

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts